IAN WATT YALETOWN VANCOUVER

Your Realtors Can Search Real Estate for You Based on Commission Offered

Blog by Ian Watt | March 2nd, 2010

Vancouver Condo Real Estate Video Blog #510 - March 3, 2010

Your Realtor Can Search Real Estate Listings for You Based on Commission Offered

Ian Watt video blogs about how eventhough the Real Estate Council and the Real Estate Boards tell us we should put our clients best interest before our own, why can we search and set our client's auto-notification searches based on commission rates? If you want to voice your opinion or if you don't care for Ian's comments please email your feedback to ianwatt@ianwatt.ca and visit http://www.ianwatt.ca/RealEstateVideos for all the Ian Watt Real Estate Video Blogs.

Ian Watt: Hi Good Afternoon, its Ian Watt
in Downtown Vancouver. I've talked about this before. There is no set
commission when it comes to real estate in Canada. So we can put
whatever commission that we want. However a lot of realtors are a
little bit touchy on this subject coz' they expect to get a certain
amount. Most of them not everyone. But I think it's very ironic on or
MLS system, the realtor MLS system we have the ability to put in search
criteria, put in your email address or clients email address if
something gets listed that suits that criteria it gets emailed to our
client. But I think it's very interesting that we can set how much
commission we expect. So for example if we expect over 3% or over 2%.
There is a search criteria that we can put in the parameters that sends
our clients only commissions at x amount and I think its so backwards
because we supposed to be looking out for our clients best interest,
that's what were told by our Real Estate Board or Real Estate Councils.
However, it allows us to cut out all the lower commission companies and
only send a higher commission companies or it could be backward but I
really don't think it's gonna be that way. It's just a slippery slope
not lookin' out in our clients best interest so if you have a realtor
who's sending you stuff of on auto notification you might wanna have
this conversion with them or if you have any questions. My name is Ian
Watt. You can always email me at ianwatt@ianwatt.ca. Thank you very much and have a great day!